Hubei Wanrun New Energy Technology (SH:688275) 鑫椤锂电·2025-07-21 07:27Core Viewpoint - Wanrun New Energy (688275.SH), a leading company in cathode materials, has decided to terminate its investment project in Wuhan, which was planned to involve approximately RMB 5 billion for the establishment of a research and industrialization base for lithium-ion, sodium-ion, solid-state batteries, and hydrogen storage materials [1][1][1] Group 1 - The investment intention agreement with the Wuhan Chemical Industry Zone Management Committee was signed in July 2023 and had a validity period of 2 years, which has now expired without any project initiation [1][1] - The termination of the investment project is a cautious decision made by the company, taking into account market conditions, development strategy, and actual circumstances [1][1][1] - The company emphasizes that this decision aims to reduce investment risks and improve operational efficiency, and it will not adversely affect the development of existing business or harm the interests of shareholders, especially minority shareholders [1][1][1]